61 Fairfield Avenue

Long Branch, Toronto

61 Fairfield Avenue, Long Branch, Toronto

$749,900

Bedrooms: 2

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $1,071.29

About this Detached

in Long Branch, Toronto

Attention Builders & Renovators! Excellent opportunity to renovate or build new on a 32.67 x 113 foot lot in the desirable Long Branch community of South Etobicoke. Property offers strong redevelopment potential or the option to update the existing dwelling. Ideally situated close to schools, parks, shopping, 24-hour TTC service, and GO Transit. Convenient access to major highways, Downtown Toronto, and Pearson International Airport. Great investment opportunity in a rapidly developing neighbourhood.

Listed by ROYAL LEPAGE PORRITT REAL ESTATE.

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LAND TRANSFER TAX CALCULATOR

Purchase Price  
First-Time Home Buyer
Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities

MORTGAGE CALCULATOR

     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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